Saudi Arabia To Continue Supplying Canada With Crude

Saudi Arabia To Continue Supplying Canada With Crude

Riaz(August 10, 2018): Saudi Arabia will continue to supply crude to Canada despite the current diplomatic dispute between the two countries, Oil Minister Khalid Al-Falih said Wednesday in a statement.

Al-Falih said Saudi Arabia’s “petroleum supplies to countries around the world are not to be impacted by political considerations.”The current diplomatic crisis between Saudi Arabia and Canada will not, in any way, impact Saudi Aramco’s relations with its customers in Canada,” he added, according to the statement.

While Canada is a major oil producer, it imports crude regularly from Saudi Arabia at Irving Oil’s 300,000 b/d Saint John, New Brunswick refinery.

According to Statistics Canada, Canada imported 103,370 b/d of Saudi crude in June. According to the New York Times, Saudi Arabia on Wednesday said it would, among other things, stop buying Canadian wheat or barley, and suspend flights to Canada on Saudi Arabia’s national airline.

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